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or not speaker boehner can deliver votes. the thing that a lot of people worry about in private is him and obama will cut a deal in late december negotiations. but boehner has been making tough calls. when it comes down to it he's going to agree to something with the president and it is not going to be able to pass his own conference. do you have any sense of what you think he's able to do and not do at this point? >> we come back again to the entitlement question. it's going to be easier for the caucus to swallow some tax rate increase if they have something to show for it. and the irony here, on a whole variety of issue, the democrats should be in favor of certain kinds of entitlement reforms. it's not actually that big of a give. on social security, as an example, democrats have won for the time being on privatization being completely off the table. there's a strong argument for trying to lock that in now as oppose eed to waiting and having that potentially come back. in addition, one of the big concerns here is doing too much fiscal austerity too soon. the more you did in the form of social
for seniors. conway distracts with negative ads to hide his support for obama care, which cuts medicare by $500 billion. >> that was 2010. fast forward to this year's election and the same principle carries through. each side tried to convince voters that the other guy wanted to take the hatchet to medicare. >> the biggest, coldest power play of all in obama care came at the expense of the elderly. $716 billion, funneled out of medicare by president obama >> my plan's already extended medicare by nearly a decade. their plan ends medicare as we know it. >> on medicare, for current retirees, he's cutting is $716 billion from the program. i can't understand how you can cut medicare $716 billion for current recipients of medicare. >> look, these guys haven't been big on medicare from the beginning. their party's not big on medicare from the beginning. folks, use your common sense. who do you trust on this? >> so, now, of course, given all the campaign rhetoric coming from both sides, we are on the other side of an election that proved that there is a bipartisan consensus, that it is bad to
obama cut a deal, it will pass the senate and the house no matter what nancy pelosi wants. >> i disagree with that. >> we have agreed so far on almost everything so. >> not here to necessarily agree. >> not 95, '96, gingrich who could dictate. if john boehner did which was walk into the caucus and say accept this or i am leaving, they will say bye. same thing with obama. the democratic caucus thinks they have the leverage >> bill: 20 minutes. here stan collender lendcollender. i am going to ask you about apple announcing that they are going to have a whole new line of computer manufacturing in the united states and what that means leading up to the job numbers at the bottom of the hour. "full-court press," friday december 7th. >> this is the if you recall court press. , the bill res show live on your radio and on current t.v. street, destruction of medicare and medicaid. there are real issues here. having been a governor, i know that trade-offs are tough. things everyday exploding around the world that leave no shortage for exciting conversations. i wa
everyone's taxes automatically go up. and deep spending cuts kick in. president obama is taking aim at republicans, accusing them of blocking a bill that would prevent tax rates to go up for the middle class. fiscal cliff negotiations are now in the hands of just two people. president obama and house speaker john boehner. abc's david kerley joins us live with the latest. david, we have a positive jobs report. better than expected. consumer confidence floated. >> reporter: they're using the jobs report right now, the obama administration. a little more fuel. and we are talking about two men now. it comes down to these two guys and a lot of jobs on the line. possible hiring freezes, furloughs if we go over the cliff. now, working for the cuts they will make if we do actually go over the cliff. a diner, middle-class taxpayers and the vice president, telling republicans a deal to extend tax cuts for all but the wealthy is easy. >> the president would probably have me sprint up to the hill to bring the bill down for him to sign. it can be done like that. >> reporter: not really. even tho
increases for everyone and big, painful federal budget cuts, unless president obama and house speaker john boehner can strike a deal. we'll have the latest on the battle of wills in washington. >> the president is out this morning with a not-so-conciliatory note. we'll get the latest from david kerley coming up. >>> check this out. why all new cars may soon be spying on their drivers and making it tough for you to cover your tracks. >>> we're going to start, though, with what should have been a joyous week for the royal family. but news of kate's pregnancy was very quickly overshadowed by her hospitalization for morning sickness, a prank call that duped two of her nurses, and then, the suspected suicide of one of those nurses. this morning, the boss of the two australian deejays behind this prank is now speaking out. and abc's jeffrey kofman is in london on the story. jeffrey, good morning to you, sir. >> reporter: and good morning to you, dan. an outpouring of indignation, that is what we are seeing around the world as news of this story spreads. and nowhere is it stronger than in austral
of the obama job initiatives and passed the middle-income tax cut. having done that, held of those initiatives, speaker john boehner says democrats are walking the economy to the fiscal cliff. yet, this is the same republican leadership that had the house and senate barely a full day this week. we have had the election. the president was clear in the campaign in fighting for a middle-income tax cut, a tax cut which, by the way, gives everyone a tax break, but it also asks the upper 2% to pay their fair share. and since that election four weeks ago, we have had time, the president has given republicans flexibility to come up with a credible, specific plans. what they offered in return was an empty letter, lacking in specifics. it was a manifestation of a lack in the republican caucus about the tax cut and no specifics in their planned, and not even senator mcconnell endorsed the plan. we can make a difference right now, by putting the middle- income tax issue up for a vote. democrats are unified on it. we have been discharged position to bring it to the floor. the only obstacle standing in the
differences. boehner would cut much more. obama's view is we've cut so much from that already we have to be careful how much more we cut. >> when you talk about discretionary spending cuts, a big difference between defense cuts and domestic cuts. does it go after defense spending the way he has? >> he hasn't spelled it out yet. we don't know. r&d, a lot of investment programs we think we need to keep this economy growing. >> can i ask a question? what makes up the difference between the bowles-simpson proposals and the other ones? why is that so much higher? what are they leaving out? >> there were more tax increases. it was light on entitlements. >> okay. >> where did bowles-simpson get the revenue. >> they eliminated a whole slaw and lowering rates and also a tax on gasoline. >> they let the bush tax cuts expire, right? >> initially they did and then were going to do tax reform. >> would they increase the taxes on the rich? >> yeah. >> they would? >> yes. >> to the same extent? >> i would have to do the math. >> don't you do any homework? >> numbers cruncher. dad, thank you so much.
season. president obama continues his pressure campaign to pass the tax cuts. the president is also taking time to be fesive. john boehner doesn't sound so merry. >> no progress report because there's no progress to report. when it comes to the fis e call cliff that's threatening our economy and threatening jobs, the white house has wasted another week. >> the phone call was pleasant, but was just more of the same. the conversations that the staff had yesterday, just more of the same. it's time for the president if he's serious to come back to us with a counteroffer. >> even though the president apparently designed the negotiating sessions at boehner's request. according to "the new york times," boehner insisted the talks include only himself and the president of the united states. boehner wanted senate democrats and nancy pelosi out of the discussions. democratic senator dick durbin told the times this is now the speaker and the president working this through. democratic leaders say they are satisfied with the briefings that they continue to receive. nancy pelosi seems perfectly ha
. speaker boehner says he is waiting on president obama to outline spending cuts. this is kind of a strange thing for the speaker to say. president obama outlined specific cuts in his proposal to the republicans. republicans have not offered anything specific in cuts whatsoever. and nothing specific in revenue whatsoever. all generalizations. republicans want more spending cuts. tell us what you want, we say to them. we cannot read their minds. we will not make a proposal for them. they know that we are willing to make tough choices on these issues. i hope they understand by now that we will look out for the middle class first. illinois standing in the way of an agreement is republicans. -- the only thing standing in the way of an agreement is republicans. there is a lot of bluster coming from the republicans about society kremlin quickly. every day -- crumbling quickly. they are calling on the speaker to let tax rates rise. yesterday it was coburn. today was another. he said he would take raising rates are the top 2 bracket -- and went on with other things he wanted. he wants the rates to
for oneyear. then its sprang back to life as part of the extension of the bush tax cuts that president obama signed into law. you have a debate -- very few members dispute that it needs to be continued. the debate is over whether you continue it at the current level. there is an exemption level, $10 million for a couple. or at the white house would prefer a 45% rate. that is the debate right now. there's a split among democrats. the white house wants a less generous estate tax. max-leaning states like baucu baucus. host: that was the headline recently in "the wall street journal," showing the senators. at its highest, was that was the estate tax? how many people did the estate tax affect? guest: we are talking tens of thousands. right now it affects 3000 the estates. the exemption level is set high historical novel. it has come down significantly. big argument from conservatives is it hits small businesses and farms. the number a hits is a small fraction. host: if nothing happens, what happens to the estate tax? guest: then it goes back to the levels of an exemption of $1 million. host: and
of president obama's job initiatives including the american jobs act and had passed the middle income tax cut. >> so let's cut to the chase. one of those congressional members is lying. either the republicans are right on cutting taxes on small business also add jobs, or the president's stimulus policies are fuelling the economic recovery in this country. joining me tonight to sort out the facts, david cay johnston, pulitzer prize winning journalist and author of "the fine print. let's start with the job growth. unemployment hit rock bottom near the beginning of the -- under the bush administration. you can see this right here. and this of course the changing the color here is when president obama took over in january of '09. who is responsible for this turnaround? >> absolutely the president. and it would be a better turnaround if the republicans had allowed a bigger stimulus. we'd have many more jobs. >> you'd make the case we didn't spend enough on the economy? >> not only did we not spend enough, but we wasted 40% of it on tax cuts for small business, which is inherently savings and not s
to repeal these tax cuts. 60% of voters backed obama's reelection, a new poll suggests that -- >> including republicans. >> stephanie: yeah, he said republicans would take the bulk of the blame if this happens. i think we're in a strong position. >> i do too. >> stephanie: every time they talk on tv it's like lost lost lost lost you lost. this is the best thing chris, i have read thus far on this. [ ♪ patriotic music ♪ ] >> stephanie: fiscal cliff let's take the plunge in the l.a. times. the debt will fall social security and medicare will go on unharmed, and we'll go back to tax rates that work better than the current ones. many made a public plea to george w. bush not to enact these tax cuts. they said it would woesen the budget deficit decrease quality, and fail to produce economic growth. well what happened? [ bell chimes ] >> stephanie: exactly that. [ ♪ patriotic music ♪ ] >> stephanie: since then the budget deficit has ballooned, the economy has spiraled into the greatest decline since the great depression history has proved that 450 e
. >> stephanie: what it does, it brings the senate past middle class tax cuts which president obama said he will sign immediately to the house. >> what we could do, if we get the 218 signatures, we'll need some help from what i would consider to be moderate to pragmatic republicans, it would be on christmas eve. we could have it done. it takes seven days after we get her done. we could do it christmas eve. president said they would sign it. what i think is stephanie it changes the entire debate on this. it gets away from this -- we crafted this deadline and it is an artificial deadline we crafted but it is serious. it is ludicrous. the people don't understand it. like in any other, they do these oversimplifications of the kitchen table budgeting. well if you use their analogy on that, when you can't decide on something, pick the things out you can. this is an easy one. republicans say they want it. they'll vote for it. i can find no reason why you wouldn't do it. >> stephanie: representative, obviously there's -- separate
if president obama and congressional republicans can't head off big tax increases and government spending cuts that are now 25 days away. for now, the administration is looking at the economy's bright side. let's go live to our white house correspondent dan loathian. >> reporter: the white house says it is another indication that the economy is starting to heal from some of the wounds inflicted by the economic downturn. vice president joe biden out speaking with middle class americans today said that the u.s. economy has turned the corner. he was very emphatic about that saying saying it is moving in a positive direction. at the same time, he was putting pressure on lawmakers to come to an agreement to avoid the fiscal cliff. it was yet another white house effort to rally support around its approach to the fiscal cliff. joe biden sitting down with seven middle class americans worried about their taxes going up. >> these are hard working, serious americans who are playing by the rules, doing it all right, and struggling already in this economy. >> reporter: jobs numbers, proof the administratio
at the earliest. >> reporter: let's go back to the tax cuts you're talking about. president obama wants to raise revenue by taxing those making $250,000 or more a year. it rises from 33% and 35% today to 36% and 39.6%, i believe. but that would only generate about 85 billion a year. according to the treasury department, the federal government spends that amount every eight 1/2 days. do you think that the point is purely political for the president since that's what he campaigned on? >> that is what speaker john boehner said, is that washington has a spending problem, not a tax problem. but speaker john boehner has a political problem in that their party's guy lost the election. there is no doubt about it that the math on both sides, they are far apart. and if you add up all the revenue that will only last of eight days of funding the federal government. but there has to be compromise. republicans will have to give some ground on taxes, whether it's 800 billion, or 1.6 trillion, maybe 1.2 trillion or in that range. of course whatever deal they reach they have to get the votes for, and that's just
weeks now from the 1-2 punch of tax increases and government spending cuts. president obama, house speaker john boehner held another phone call last night. here is speaker boehner on that. >> there were some offers that were exchanged back and forth yesterday. and the president and i had a pretty frank conversation about just how far apart we are. >> as we mentioned just last hour, take a look at the graph, these two sides have moved closer on taxes over the last couple of weeks. speaker boehner offered up $800 billion in new tax revenues after insisting on none. the president just this week, he's come down a little bit to $1.4 trillion but still no dice. no deal. cnn's sandra endo is standing by at reagan national airport, across the potomac from washington. so, sandra, if we hit this fiscal cliff, all the spending cuts kick in, what effect will that have on air travel? >> reporter: the big unknown is still how it will affect the everyday traveler. and that is certainly something a lot of people here are wanting to figure out. as for the air traffic controllers union, they release
president obama's own self- described architecture of $3 in spending cuts for every dollar in new revenue. we are prepared to work and call on the white house to do the same thing. >> speaker boehner, president obama, the white house projection last offer -- \[inaudible] 53% of americans will blame republicans in congress if you go over the fiscal cliff. how long can you have that hard line on those making 250 and above. >> america faces a very serious problem and our goal is to make sure it gets solved. we have a debt problem that is out of control. we have got to cut spending and i believe it is appropriate to the receive news we are putting on the table are going to come from, guess who? the rich. there are ways to limit deductions, close loopholes and have the same people pay more -- more of their money to the federal government without raising the tax rates which we believe will harm our economy. \[inaudible question] >> i think our members understand the seriousness of the situation that our country faces. trillion dollar deficits for as far as the eye can see. $16 trillion of debt
blitzer. you're in "the situation room." >>> we begin with president obama taking his battle to extend tax cuts for the middle class into the heart of the middle class suburb today. he visited a family just outside washington, d.c., using their story to dramatize what will happen in just 26 days if he and congress can't make a deal on the so-called fiscal cliff. a source of great concern for so many people, everyone's taxes will go up, will go up if there's no deal. let's go live to our white house correspondent dan lothian. he's on the scene for us over at the white house. how did it go, dan? >> reporter: well, wolf, we've seen the president do this before in the past whenever he's locked in negotiations with lawmakers. he heads out on the road, either goes to a backyard or sits down around a dinner table to put pressure on congress. that's what he did today when he went to falls church sitting down with the santana family. their parents who also are employed live in the household with them. so if taxes do go up on middle class americans, the overall hit on that household will be $4,000.
to give in to some type of tax increase but president obama will have to come up with more entitlement cuts. jon: jenna had a great segment earlier about milton friedman and what would he do in this situation. >> yes. jon: he said or he was of the opinion if you give the government more money in any form they will figure out a way to spend it. >> senator rubio put it best. he said to create a successful economy, to create successful america we needless government, limited government. instead of making richer people poorer, make poor people richer. instead of new taxes create new taxpayers. we give money to the american people. they know best how to spend their money than big brother government. jon: are you optimist or pessimist when it comes to the question of whether we go over the fiscal cliff? >> i think president obama loves this country and is a patriot and boehner is a patriot and i believe they will work out a deal. if they don't make a deal, 28 million americans will pay alternative minimum tax and families will have their taxes raised $2,000 more and give more in this bad eco
to d.c., on the fiscal cliff, 26 days to go before the deadline. president obama was back at it campaign-style. went to the home of one middle class family in virginia, saying if the middle class tax cuts expire when the deadline hits it will cost the family an equivalent of a month's rent. meanwhile, john boehner started the talks after a standoff that lasted almost a week. then there was the surprise that rocked the capital today. south carolina conservative, jim demint, a hero to many, is retiring next month. nbc's david gregory, the moderator of "meet the press," has more on the surprise announcement. >> reporter: about four years early, a lot of people thought it would happen by 2017, but not at this point. in his term, demint was somebody who turbo-charged the tea party movement. he told me he would like to see the party really adopt more of these tea party ideas. that really didn't happen. there were more internal fights. he did have success in fielding candidates and also failed. he said they didn't do enough to establish what the party was for. he is going to try
. in case you forgot the former senator is one half of the simpson bowles duo appointed by president obama who actually came up with a plan to cut the deficit, a plan that everyone hailed as magnificent but no one wanted to adopt. >>> joining me now is cnn contributor will cain. he leans right. good morning, will. >> good morning. let me tell you something. you said the popularity of gangnam style knows no limits. i beg to differ. >> you do? >> i think we just found its limits, when 8-year-olds start doing gangnam style you can count on its popularity decreasing. we're about a year away from it being makarena. >> trying to get two sides come together to come to a deal on the fiscal cliff. >> i don't know about young people's abilities to force cats and dogs and democrats and republicans to come together to find a deal. he had a much more profound message than just simply dancing in that clip, in that psa essentially. he was trying to alert young people to the fact that old people, bluntly, are organized. look at the army of aarp representatives that ensure that programs like medicare and s
, president obama is suddenly silent, silent on the need for spending cuts. he keeps talking about balance. that polls well. but when it comes to specific cuts, he is largely silent. all of a sudden, it's all tax hikes all the time. forget balance. just raise taxes and spend even more. the president and his allies have taken so many things off the table, the only thing left is the varnish. the president now seems to think after his re-election that if all he talks about is the need for tax hikes and that's all reporters write about, we will all magically forget the part about needing balance. it's a classic bait and switch. and we're seeing new versions of it nearly every day now. democrats campaigned for two years saying we needed to take a balanced approach to our problems, yet now that the president has been re-elected, they are walking back and the only thing left are the taxes. what the president should be doing after his re-election is bringing people together and showing that he has the desire and the ability to lead the two parties to an agreement that's good for the economy and go
you with us. thanks for watching. democrats are determined to extend the middle class tax cuts before the end of the year. that's the bottom line. party leaders and members are all on the same page. president obama rejected the latest proposal from john boehner. the president and the democrats are focused on revenue and they are determined to make sure that the top tax rates go up. >> unfortunately, the speaker's proposal right now is still out of balance. he talks, for example, about $800 billion worth of revenues, but he says he's going to do that by lowering rates. when you look at the math, it doesn't work. >> harry reid wasted no time explaining why the boehner proposal is not serious. >> math. you can't get from here to there unless you raise the rates. that's why romney couldn't explain it during the presidential election. no one can explain it because you can't do it. >> jay carney says the speaker's plans raises more questions than answers. >> we don't know who pays. we don't know what we're talking about in terms of actual legislation to increase revenues. it's magic beans a
a tax break and a tax cut, and this is just ludicrous. the american people have spoken. the re-election of president obama validates his particular approach here, which is that middle class people should not have a burden placed upon their shoulders. the working classes should not be punished, and god knows the working poor should not be further marginalized in this economy by trying to give goodies and treats to the republicans. they are playing grinch for -- the grinches who stole the christmas of working class people here, and president obama is trying to talk about the spirit of generosity and common sense of the american people. so what he's been trying to say is, i'm not going to budge, and i think he's got a reassured approach here. the american public has spoken. president obama has girded up his lions and he's digging in his heels. it may be one of these right before the stroke of midnight that he says, look, i have no other choice here. we're not going to have this mexican standoff, so to speak, and i have to get out of the way in the game of chicken. recogniz otherwi
conversation, at least from the republican standpoint, is being characterized the wrong way. president obama, the democrats aren't looking to raise anyone's taxes. what they're doing is allowing the bush tax cuts to expire. in other words, allow the tax to go back to where they were when we created jobs. i think, if the republicans are able to say, look, we're willing to allow tax to go for 98% of the nation so that we can talk about entitlements, i think that characterization of the conversation will help them in terms of image because right now it doesn't look as if they care about the middle class. they need to focus in on the fact that they're allowing 98%, the majority of the bush tax cuts to be extended, and they can claim that as a victory. i think you will see a shift in the way people are viewing who's at fault in the fiscal cliff conversation, and you'll be able to have a much more positive attitude about the republicans heading into this so-called battle well hillary clinton in the future. >> l.z. granderson and will cain, thank you, gentlemen. we appreciate it. >> thanks, ted. >>
are reportedly considering is to accept tax cuts for the middle class, allow rates to go up for the wealthiest, and then start the fight over again during debt limit talks early next year. yesterday at a business roundtable of ceos, president obama took a hard line, warning his opponents not to consider this strategy. >> if congress in any way suggests that they're going to tie negotiations to dell creting votes and take us to the brink of default once again as part of a budget negotiation, which, by the way, we have never done in our history until we did it last year, i will not play that game. >> well, i wonder, the president's saying, steve, that, you know what, we can raise rates now and maybe lower them later next year so republicans are now saying we can raise rates now. maybe we'll lower them later and we'll talk about it during the debt ceiling. now he's saying no, we're not going to talk about it then either. when would we have this debate when we were renaming post offices in july? can you clarify something for people that are watching? republicans are talking about raising taxes on
avoiding the fiscal cliff. new polling suggests support for president obama's position in the standoff with congressional republicans. >> the new associated press poll finds 48% of americans want tax cuts for wealthy to expire. and it says more people want to cut government services than raise taxes to reduce the federal deficit. >> now, if the nation goes over the cliff at the end of the year, it's going to affect everyone, including the unemployed, as abc's jonathan karl reports. >> reporter: melinda vega has been put on notice. if congress and the president don't get their act together, her unemployment checks will stop immediately at the end of the year. >> we're dependent on that money to pay our bills. >> reporter: she's been without a job for a year. her $450 a week unemployment check her life line. >> we won't be able to pay some of our bills and, i mean, you know, that's for christmas and things of that nature, probably off the table. >> reporter: she is not alone. without a deal, unemployment compensation will end for more than 2 million people out of work more than 26 weeks.
's happening on the fiscal cliff and whether or not democrats should hold president obama particularly should hold the line. that's what they told him last night at the white house reception, speaking for all of you, hold the line, mr. president. don't give in on the tax cuts for the 2%. make sure they disappear the way they should and if necessary go over the fiscal cliff. no deal's better than a bad deal. great to see you today. join the conversation any time at 1-866-55-press. follow us on twitter at bpshow. peter ogborn and dan henning team press in place here this morning. good morning guys. peter's always keeping track of the social media and your comment on twitter. phil backert has the phones and cyprian bowlding has the camera. our videographer keeping us looking good here on current tv. well, we know that breaking news this morning actually came across the wires that kate middleton is filing better. she's over that acute morning sickness. she's left the hospital. and at the same time, a little breaking news
] the bankamericard cash rewards card. apply online or at a bank of america near you. >>> both president obama and john boehner are accusing each other of not making serious offers to avoid the across the board tax increases and spending cuts that people here in washington call the fiscal cliff. most house members are going home today with only 27 days to make a deal. two house leaders who are not going home are with me in the situation room. they're working very hard to avoid the fiscal cliff. thanks so much for coming in. for so long, republicans wanted to extend the bush tax cuts forever, now for 98% of the american people, the democrats are saying, we're ready. we've given up, we'll let you have those bush tax cuts for as long as possible. let's just resolve that, we'll move on to some of the tougher issues later. let's make sure that 98% of the american families have these lower tax rates into next year. why not give that? >> the debate over those top two pshsz, is really a strong man debate. what we need is tax reform in america. we need a simpler less complicated tax code. >> i agree wi
" supports they have more support than the rank and file before, in fact, giving him flexibility to cut a fiscal cliff deal. the first read team is asking the question how big of a deal will we see? governor christie meets with president obama this time at the white house, and it is just one of the things we thought you should know. be sure to check out our "news nation" tumblr page. you find behind the scenes pictures, and thank you for checking it out and liking our pictures. ♪ ♪ [ male announcer ] campbell's green bean casserole. it's amazing what soup can do we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm with scottrade. [ man thinking ] oh, this gas. those antacids aren't working. oh no, not that, not here! [ male
, at least under the fiscal cliff we have some mandatory cutting, albeit disproportionately to defense spending but it's better than accepting obama's terms crammed down our throat. boehner needs to paint obama as the one who is holding the country hostage. he wants to talk about holding the middle class hostage? no it's him holding the entire country hostage and our kids hostage, with his krin call refuse ool to enter the entitlement reform game. >> wow, he is really bad. >> stephanie: yeah i can see why he didn't get the radio show. >> sheky. >> stephanie: that was so merrill osmond. >> merrill was kind of the leader. >> stephanie: i dove donnie. steve doocy. >> europe is great because they have wonderful food and runny cheeses, but we shouldn't base our policies on theirs because they are stinkers. >> we should base it on singapore where they have no unemployment, and they have a competitive market. that protects workers. >> stephanie: we should be like singapore? >> oh my god. holy crap. he is a bigger idiot than i thought. he is not even trying to hide what
to president obama's sales pitch for his version of a compromise. >> when you put it all together, what you need is a package that keeps taxes where they are for middle class families, we make some tough spending cuts on things that we don't need, and then we ask the wealthiest americans to pay a slightly higher tax rate. >> brianna keilar is at the white house. brianna, are meetings going on outside of the public's view? is that your understanding? >> reporter: well, there are discussions. that is what we're told. as we understand it, obviously, the last meeting between the president and speaker boehner was on sunday. but we're told by both the white house and the speaker's office that discussions are ongoing, so, obviously, they can all pick up the telephone, and that, quote, the lines of communication are open. this is thing we're hearing over and over again. but make to mistake, there are no significant details of any progress, of any deal that has been struck. so at this point, we know that they still are pretty far apart. the white house still demanding and president obama said this y
about cutting the deficit, they would start with the war on drugs. i wish president obama would. all right. speaking of the president not a lot on his schedule today. pretty quiet day. gets the daily briefing this morning with the vice president at quarter to 10:00. and then he and the vice president are meeting for lunch in the private dining room. that tells me that there's going to be a lot of fiscal cliff negotiations privately going on throughout the day. or else maybe he's going back to ohio. who knows. jay carney will have a briefing at 1:00 and i will be there and i will tell you all about it tomorrow. oh my goodness! oh my gosh this looks amazing! [ male announcer ] our new maine stays! 15 entrees under $15 seafood, chicken and more! oo! the tilapia with roasted vegetables! i'm actually looking at the wood grilled chicken with portobello wine sauce. that pork chop was great! no more fast food friday's! we're going to go to red lobster. yep. [ male announcer ] come try our new menu and sea food differently! and intr
need to put up spending cuts. on needs to show leadship. >> without question. without question >> bill: you are right. that was the romney plan. the american people have spoken. they wanted the obama plan. >> his respect and popularity would go through the roof. >> president jim hoffa next. >> this is "the bill press show." [ music ] every day presents another exciting issue. from financial regulation, iran getting a nuclear bomb, civil war in syria, fraud on wall street, destruction of medicare and medicaid. there are real issues here. having been a governor, i know that trade-offs are tough. things everyday exploding around the world that leave no shortage for exciting conversations. i want our viewer to understand why things have happened. at the end of the show, you know what has happened, why its happened and more importantly, what's going to happen tomorrow. >> heard around the country and seen on current tv. >> 33 minutes after the hour now. this is the full court press, coming to you life from our nation's capitol, brought to you today by the internation
offer. speaker john boehner is still waiting for a new proposal from president obama, that is all uncording to an unnamed aide to the speaker. meanwhile some republicans are calling on speaker john boehner to give the president what he wants on taxes so the party can focus on cutting entitlement programs. >> a lot of people are putting forth a theory, and i actually think it has merit where you go ahead and give the president the 2% increase that he's talking about, the rate increase on the top 2%, and all of a sudden the shift goes back to entitlements. >> if speaker john boehner ends up with senator corker has just said he is we will get a large agreement. but speaker john boehner hasn't said that, and so we democrats realize that there have to be two sides to this bargain. jon: special report anchor bret baier joins us now in washington. if people like senator corker say the tax increases would be okay with them on the highs income earners in this country it seems that that is bound to be part of the deal that transpires here. >> reporter: jon, senator cork eris not in the hous
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